Flotek Industries
FTK
#8056
Rank
โ‚น13.18 B
Marketcap
โ‚น442.12
Share price
1.93%
Change (1 day)
28.23%
Change (1 year)

Operating Margin for Flotek Industries (FTK)

Operating Margin as of September 2024 (TTM): 4.15%

According to Flotek Industries's latest financial reports and stock price the company's current Operating Margin is 4.15%. At the end of 2023 the company had an Operating Margin of 13.22%.

Operating Margin history for Flotek Industries from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202313.22%-142.51%
2022-31.10%-55.97%
2021-70.64%-73.68%
2020-268.40%322.55%
2019-63.52%40%
2018-45.37%868.22%
2017-4.69%32.62%
2016-3.53%-189.7%
20153.94%-77.85%
201417.78%15.85%
201315.35%5.62%
201214.53%-4.24%
201115.17%-145.51%
2010-33.34%-22.33%
2009-42.93%117.3%
2008-19.76%-215.01%
200717.18%-3.6%
200617.82%0.51%
200517.73%63.89%
200410.82%-128.27%
2003-38.27%66.1%
2002-23.04%172.07%
2001-8.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.35%-19.28%๐Ÿ‡บ๐Ÿ‡ธ USA
0.95%-77.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.64%-187.71%๐Ÿ‡บ๐Ÿ‡ธ USA
9.45% 127.71%๐Ÿ‡บ๐Ÿ‡ธ USA
9.23% 122.41%๐Ÿ‡ฌ๐Ÿ‡ง UK
15.94% 284.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.45% 175.90%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.